Ray Dalio – The Changing World Order: Where we are and where we are going

https://www.linkedin.com/pulse/chapter-1-big-picture-tiny-nutshell-ray-dalio

37 10 6 years ago

chewz3• 6 years ago

This is the moron who said 'Cash is trash' just few weeks before market sellout... and his alpha strategy is to sit out the losses

https://m.youtube.com/watch?v=tZyWVxGXPHo

https://www.ft.com/content/6addc002-6666-11ea-800d-da70cff6e...

https://www.reuters.com/article/health-coronavirus-funds-bri...

jmeister• 6 years ago

That’s harsh, he has a multi-decade track record

chewz3• 6 years ago

They all do have track record until they don't. The LTCM guy, the PIMCO guy etc.. There were so many of them.

You simply don't hear about guys who do not have track record until they do..

grandridge• 6 years ago

Thanksgiving turkey...

woodandsteel2• 6 years ago

If you think the ideas he is presenting in this book are mistaken, then you should present some specific arguments.

chewz3• 6 years ago

I kind of did. The author cannot be trusted with managing my money. And what he is saying is plain silly.

Jim Grant Is ‘Bearish’ on Bridgewater, Saying Dalio Isn’t Focused on Investing

https://www.bloomberg.com/news/articles/2017-10-05/jim-grant...

dntbnmpls• 6 years ago

This is the moron

You heard it here first folks. The guy who created the largest hedge fund in the world is a moron. You can't build a $160 billion hedge fund by being a moron. You have to be smart, ruthless and well connected. If you want to call him names, then call him greedy, sneaky, etc. Don't call him a moron because it's obviously not true.

'Cash is trash' just few weeks before market sellout...

There was also talk of a large short positions to guard against market sell offs.

https://www.cnbc.com/2019/11/22/bridgewater-associates-bets-...

https://www.bloomberg.com/news/articles/2020-03-16/bridgewat...

and his alpha strategy is to sit out the losses

You do realize that his fund has performed much better than the market right? His "losses" are much smaller than the overall market "losses".

Also, his investment performance has nothing to do with his article about history/geopolitics/wealth/etc.

Ray Dalio – The Changing World Order: Where we are and where we are going

Related Stories